SOWPub Small Business Forums  

Click Here to see the latest posts!

Ask any questions related to business / entrepreneurship / money-making / life
or share your success stories (and educational "failures")...

Get the report on Harvey Brody's Answers to a Question-Oriented-Person

Also, please no insults or personal attacks.
Feel free to link to your web site though at the end of your posts.

Stay up to date! Get email notifications or
get "new thread" feeds here


Go Back   SOWPub Small Business Forums > Main Category > SOWPub Business Forum
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read

SOWPub Business Forum Seeds of Wisdom Forum

Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old May 9, 2019, 03:13 AM
Dien Rice Dien Rice is offline
Onwards and upwards!
Join Date: Aug 2006
Posts: 2,448
Default A friend of mine recently became homeless...

And the thing is, he's a guy who had money!

He's trained as a lawyer...

What happened was a lot of bad things happened to him in rapid succession.

Someone he was going into business with he discovered was running an illegal property scheme - so he backed out. But not until he had already put around $10,000 into the operation.

Another guy he was involved with somehow managed to steal around $40,000 of his money.

And lastly, a tenant he was subleasing to threatened violence against him, when he asked the tenant to pay his rent.

The end result of all these bad things was, he ended up homeless.

On Sunday, I tried to help him get back on his feet. (He had been living in his car for about a week at that stage.)

The last couple of nights he's had a roof over his head again.

The scary thing is - this could happen to almost any of us! A string of bad luck is all it takes...

The real prospect this could happen is terrifying.

How can you prevent this from happening to you?

My belief is, you always need more than one way to make money. Even if you have money coming in now - if it's all through one method, it means you're vulnerable.

There are many ways to create income streams... We've covered many on this forum...

(Including Gordon's recent posts - check 'em out!)

Another way is by chatteling - which can be done any time, and in all economies...!

If life knocks you down - make sure you have the ability to get back up - by having more than one potential stream of income!

Best wishes,

Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Seeds of Wisdom Publishing (front page) | Seeds of Wisdom Business forum | Seeds of Wisdom Original Business Forum (Archive) | Hidden Unusual Business Ideas Newsletter | The Great Ideas Letter on CD | Hotsheet Profits | The Art of Leverage | The Success Report | Persuade via Remote Influence | Writer's Friend (software) | Affia Band | The Entrepreneur's Hotsheet | The SeedZine (Entrepreneurial Ezine) | The Fly Low Collect Dough Update Hotline

All times are GMT -4. The time now is 09:42 AM.

Powered by vBulletin Version 3.6.0
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.